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Rimouski, Quebec, June 23, 2009 – Transcontinental today announced the
sale of its Dumais Street printing plant in Rimouski to a company managed by
well-known local businessman Gonzague Drapeau. Thanks to the sale, the specialized
commercial printing plant will continue to operate in the interest of its employees,
loyal customers and the local community.
“After carefully examining our business objectives,
the decision was made to sell our Dumais Street printing
plant in Rimouski,” said Transcontinental Printing
Newspaper Group Vice-President, Manufacturing Operations
Richard Lafrenière. “I would like to thank all
employees at the plant for their commitment and support over
the last
few years and wish the new management team every success
in pursuing their plans.”
“Our organization has grown over the years thanks
to our own internal resources,” said Groupe L’Avantage
president Gonzague Drapeau. “In this case, we’re
talking about a successful commercial printing plant with
a solid history in Rimouski, providing jobs to some 30 skilled
men and women in the area. We’re very pleased and proud
in having them join our group.”
The Dumais Street plant specializes in printing brochures,
folders and stationery, including information kits, business
cards and letterheads, with complete prepress, printing and
bindery services.
Transcontinental will remain very active in the region
operating its printing plant at Pointe-au-Père.
The Pointe-au-Père facility, which prints flyers
and newspapers, provides jobs for another 30 people in
the area.
In selling the Dumais Street plant, Transcontinental also
concluded two major five-year contracts with Gonzague Drapeau’s
organization. Transcontinental will print the L’Avantage and L’Avantage Gaspésien newspapers, while L’Avantage will distribute flyers for Transcontinental clients in the
Rimouski and Gaspé Peninsula regions.
About Transcontinental
Transcontinental provides printing, publishing and marketing
services that deliver exceptional value to its clients along
with a unique, integrated platform for them to reach and
retain their target audiences. Transcontinental is the largest
printer in Canada and the fifth largest in North America.
It is also Canada’s leading publisher of consumer magazines
and French-language educational resources as well as the
country’s second-largest community newspaper publisher.
Transcontinental’s digital platform delivers unique
content through more than 120 websites. Its Marketing Communications
Sector provides advertising services and marketing products
using new communications platforms supported by database
analytics, premedia, email marketing, and custom communications.
Transcontinental is a growing company with a culture of continuous
improvement and financial discipline, whose values, including
respect, innovation and integrity, are central to its operation.
Transcontinental (TSX: TCL.A, TCL.B) employs approximately
13,500 employees in Canada, the United States and Mexico,
and reported revenues of $2.4 billion in 2008. For more information
about the Corporation, please visit transcontinental.com.
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For information:
Media
Maxim Labrie
Media Relations
Transcontinental Inc.
Telephone: 514 954-4176
maxim.labrie@transcontinental.ca
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